News ID: 3466
Publish Date : 08 December 2018 - 09:00

Losses of Auto Industry from Delay of Announcing New Prices/ Unclear Situation, Common Point of Auto Industry Activists

Auto industry is waiting for the price increment but its delay is putting their situation in critical position and they are suffering lots of losses.
Khodrocar – There are lots of rumors about the price increment of local products. It was said that the president is against price increment but Reza Rahmani, minister of Industry said that Mr. President is not against it.

Because of auto industry sanctions and currency turbulence, auto makers had problem to supply components then production and supply decreased significantly which changed the condition of market and price difference between factory and market get to about 100 percent.

According to automakers producing with the current prices is not possible and even make the auto industry bankruptcy so in the current situation increasing vehicle price is the only way to remove problems.

Whispers of price increment have made a new atmosphere in the parallel industries, part makers and dealers are waiting for the price increment.

"Part makers are waiting for new prices because right now prices are not real for example some cars have 100 percent price increment which needs to be organized very soon. Due to new problems most of manufacturers are producing with half of their capability and final price of components increased for 60 to 80 percent so some factories are closed.” Farhad Beh Nia, voice of part makers association told Khodrocar reporter.

"There is no business in local or foreign vehicle market and the market stopped. People who needs car should buy with high prices. Real customers are waiting and auto market is seeking the new prices.” Saeed Motameni, president of dealers and exhibition owners union told Khodrocar reporter.

Activists of the auto industry are waiting for new prices and all branches of the industry are in a unclear shadow. The result of current condition would be stagnation and this is going to be harmful for the whole industry. Any decisions like price increment should be announce soon to stop losses.

Khodrocar Reporter: Hadi Sianaki

Khodrocar Translator: Amin Zamani